Launch of Flagship Programme for Shariah Scholars in Islamic Finance

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Kuala Lumpur/ Jeddah/ Dubai: 1 December 2016 – An international flagship programme for Shariah scholars in the Islamic finance industry aimed to upscale the scholars’ effectiveness in advising financial institutions was launched today. The programme, which is known as the “Leadership Anatomy for Shariah Scholars in Finance”, is jointly offered by three international institutions namely Islamic Research and Training Institute (“IRTI”), the research and training arm of the Islamic Development Bank; Amanie Academy (“Amanie”), a talent development service provider in Islamic finance of Amanie Group; and The Iclif Leadership and Governance Centre (“Iclif”), an institution specialising in leadership and governance research, advisory and executive education.

The programme is targeted at Shariah scholars serving the Islamic financial services industry including members of Shariah Committees and Shariah officers of financial institutions. Designed to provide practical solutions that can be applied back at work, the programme is developed to enhance business professionalism of the scholars, complementary to their existing Shariah expertise. The programme will cover three elements that are key in producing a high performing Shariah scholar in finance namely, practical knowledge in integrating finance and Shariah considerations, professional skills in rendering Shariah advisory services and adaptive emotional intelligence in engaging different stakeholders. These modules are ultimately aimed at strengthening a scholar’s oversight roles and holistic assessment on Shariah issues in finance.

The programme will be held in several major cities including Istanbul, Kuala Lumpur and Marrakech, starting with the first programme in Makkah from 21 to 23 February 2017. The programme will be conducted in either English or Arabic depending on the venue, to cater for different Shariah communities across the globe.

IRTI, a member of the Islamic Development Bank Group (IDBG), was established in 1401H (1981) to undertake research, training and advisory activities in Islamic economics and finance to facilitate the economic, financial and banking activities in IDB member countries in conforming to Shariah. A knowledge-based organisation, IRTI is one of the pioneers in promoting and supporting the development and sustenance of a dynamic and comprehensive Islamic financial services industry, which supports the socioeconomic development of IDB member states and Muslim communities across the globe. For more information about IRTI, please visit www.IRTI.org

About The Iclif Leadership and Governance Centre (“Iclif”)

Iclif is an Asia-based centre dedicated to research, executive education, coaching and advisory services in the areas of corporate governance and leadership development. Iclif seeks to deliver holistic and sustainable solutions to its clients. Iclif is a non-profit organisation under the auspices of Bank Negara Malaysia (Central Bank of Malaysia) and has been in existence since 2003. From its inception, its mandate has been to complement the regulatory efforts of the central bank in ensuring financial stability both locally and in the region by promoting sound leadership and good corporate governance solutions. In Malaysia, Iclif has trained more than 100 Shariah Committee members through its flagship offering, Shariah Leaders Education Programme. For more information about Iclif, please visit www.iclifgovernance.org

About Amanie Group (“Amanie”)

Amanie represents a group of companies that work closely in providing solutions to further enhance the depth and resilience of the global Islamic finance industry. The combination of products and services offered by Amanie including advisory and consultancy (Amanie Advisors), as well as development of human capacity building programmes (Amanie Academy), technology and artificial intelligence, forms a well-diversified and synergistic solution customised to address the needs of its various corporate, financial, and government clients across the globe. Such services have benefitted a wide range of clients primarily in Asia, Middle East and Europe, where its 10 offices are located worldwide. For more information about Amanie, please visit www.amaniegroup.com